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2026-03-18 01:03:49 pm | Source: Kedia Advisory
BUY JEERA APR @ 21700 SL 21300 TGT 22000-22200. NCDEX - Kedia Advisory
BUY JEERA APR @ 21700 SL 21300 TGT 22000-22200. NCDEX  - Kedia Advisory

Jeera

BUY JEERA APR @ 21700 SL 21300 TGT 22000-22200. NCDEX

Observations

Jeera trading range for the day is 21720-22100.

Jeera gained as production is expected to decline by approximately 5 percent to 5.13 lakh tonnes this year.

Production in Gujarat is expected to fall 27 per cent to 1.83 lt owing to an 18 per cent decline in area and a 11 per cent drop in yield.

Rajasthan’s output is projected to rise 15 per cent to 3.29 lt, supported by a 4 per cent rise in area and a 11 per cent improvement in yield.

In Unjha, a major spot market, the price ended at 21820 Rupees dropped by -0.17 percent.

Dhaniya

BUY DHANIYA APR @ 11400 SL 11200 TGT 11600-11800. NCDEX

Observations

Dhaniya trading range for the day is 11264-11804.

Dhaniya prices surged driven by lower sowing and rising crop risks.

Arrivals in Rajasthan and Madhya Pradesh are expected to start in full pace from March

As on 02 Feb 2026, sowing in Gujarat seen down by 3.25% to 126,470 hectares compared to last year’s 130,731 hectares.

In Gondal, a major spot market, the price ended at 11080.25 Rupees gained by 0.3 percent.

Turmeric

BUY TURMERIC APR @ 14600 SL 14300 TGT 14900-15100. NCDEX

Observations

Turmeric trading range for the day is 14544-15044.

Turmeric dropped as fresh turmeric arrivals in Erode are expected to increase sharply over the next 10-15 days.

Pressure also seen amid increase in acreage due to favourable rains during the current sowing season.

India’s turmeric crop for the 2026 harvest is shaping up with higher acreage but only moderate supply growth.

In Nizamabad, a major spot market, the price ended at 15041.9 Rupees dropped by -1.1 percent.

 

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